Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity

President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvadors emerging role in tech innovation.

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Bukele advisers said BTC adoption was complete PR move TIME reporter

According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to change the narrative on the countrys international perception.

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El Salvadors Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0

The National Bitcoin Office (ONBTC) of the Office of the President of El Salvador, led by Stacy Herbert, aims not just to help further integrate Bitcoin into El Salvadors economy but foster a cultural, artistic and psychological renaissance.

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El Salvador President Nayib Bukele Concedes Bitcoin Adoption Has Fallen Short Despite $265 Million Profits

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Bitcoin in El Salvador: President Bukele Reflects on Progress and Challenges

El Salvador’s President Nayib Bukele recently gave an interview in which he talked about the Bitcoin initiative that took place in his country and its wider repercussions. According to Bukele, though the strategy of BTC has not been fully met, he sees its overall impact as positive. He underlined that eventually, BTC succeeded in boosting […]

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Bitcoin hasnt had the widespread adoption we hoped for Nayib Bukele

The Salvadoran president seemed to embrace the authoritarian label while admitting that the country had not seen as many benefits from Bitcoin as he anticipated.

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El Salvadors Bitcoin holdings grow by 162 BTC with daily buys

With each new Bitcoin purchase, the countrys financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.

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$1.6B port investment could revive El Salvadors Bitcoin City plans

The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.

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El Salvadors Bitcoin Holdings Surge to $644M, Generating $357M in Unrealized Gains

El Salvador holds the sixth-largest sovereign Bitcoin reserve as its crypto portfolio now exceeds $644 million.

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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador taps volcano geothermal energy to mine 474 bitcoins worth $29 million, showcasing renewable Bitcoin mining possibilities.

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El Salvador launches $360M Bitcoin treasury monitoring website

El Salvador was the first country to adopt Bitcoin as legal tender in 2021 and now holds over 5,700 BTC.

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El Salvador Launches Website to Track $360M Bitcoin Treasury

El Salvador recently partnered with Mempool to launch a real-time website to track their nations Bitcoin treasury of $360 million.

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El Salvador: ‘Bitcoin Standard’ Author Joins Bukele’s Office

Author of "Bitcoin Standard" is the next addition to El Salvador's Bitcoin Office, leading the way in global adoption.

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Satoshis Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More Week in Review

Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter Brandt has revised his [...]

The post Satoshis Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More Week in Review appeared first on Crypto Breaking News.

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Salvadoran Press Raises Doubts on Piggy Bank Funds Ownership: 80% of BTC Came From Bitfinex

Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet came from Bitfinex, an international exchange, while 20% came [...]

The post Salvadoran Press Raises Doubts on Piggy Bank Funds Ownership: 80% of BTC Came From Bitfinex appeared first on Crypto Breaking News.

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El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC Becomes Unaffordable With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the [...]

The post El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC Becomes Unaffordable With Fiat Currencies, Says President Bukele appeared first on Crypto Breaking News.

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Latam Insights: Tim Drapers Bitcoin Prophecy for El Salvador, Bukeles Bitcoin Rush

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Tim Draper predicts bitcoin will make El Salvador a rich country, President Nayib Bukele vows to keep buying bitcoin, and Banco do Brazil announces offline capabilities test for the Brazilian CBDC. Tim Draper [...]

The post Latam Insights: Tim Drapers Bitcoin Prophecy for El Salvador, Bukeles Bitcoin Rush appeared first on Crypto Breaking News.

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El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank

El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced [...]

The post El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank appeared first on Crypto Breaking News.

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El Salvador receives Bitcoin donation after revealing on-chain address

El Salvador received Bitcoin donations after President Nayib Bukele shared the Central American country’s digital wallet address with the public. In a March 14 post on social media platform X (formerly Twitter), Bukele revealed that the country transferred “a big chunk of our Bitcoin to a cold wallet and stored that cold wallet in a […]

The post El Salvador receives Bitcoin donation after revealing on-chain address appeared first on CryptoSlate.

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El Salvador Has Thousands More Bitcoins Than Previously Known

The Central American nation moved $400 million in BTC into a cold storage wallet this week.Source: CoinDesk

The post El Salvador Has Thousands More Bitcoins Than Previously Known appeared first on Crypto Breaking News.

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